RootData: PYBOBO will unlock tokens worth approximately $5.03 million in one week

Balancer Labs shuts down 4 months after $100M+ exploit, protocol to continue

Balancer Labs, the team behind the decentralized finance protocol Balancer, is shutting down after mounting financial pressure and a $116 million hack in November, with executives proposing continuation of the protocol under a leaner, more cost-effective structure. “After careful consideration, I h

Pi Network Weekly Drop 6%, Bullish RSI Meets Billion-Token Unlock Pressure

Pi Network has recently faced price declines, but technical indicators such as RSI approaching oversold levels and community sentiment remaining positive. Despite bullish signals, increased exchange reserves and upcoming token unlocks present bearish risks, with potential selling pressure likely to suppress prices. Market conditions require close monitoring.

Perle Foundation: PRL Token Eligibility Registration Window Now Closed, Claiming Phase Coming Soon

On March 24, the Perle Foundation announced that the PRL token qualification registration window has closed and entered the claim phase. The total supply of PRL tokens is 10 billion, distributed among the community, ecosystem, investors, and team. Additionally, the official has opened airdrop registration, requiring users to connect their wallet and associate their social accounts.

Biotech Company NovaBay Announces Pivot to Stablecoin Business, Stock Price Rises 19%

Biotech company NovaBay announced a strategic transformation, rebranding itself as Stablecoin Development Corporation to venture into the digital asset field, with its stock price increasing by about 19%. The company changed its stock ticker from NBY to SDEV and holds approximately 2.06 billion SKY tokens. This transition was facilitated by $134 million in private equity financing.

MagicEden increases the ME token buyback and staking dividend ratio to 30% of core revenue

Gate News reported that on March 23, MagicEden posted on the X platform stating that it will increase the core revenue allocation for ME token buybacks and staker dividends from the previous 15% to 30% in the third quarter.

U.S. listed company NovaBay Pharmaceuticals rebrands and pivots to stablecoin business, holding approximately 2.06 billion SKY tokens.

NovaBay Pharmaceuticals announced on March 23 a rebranding to Stablecoin Development Corporation, with its ticker symbol changed to SDEV, redirecting its business focus toward cryptocurrency and stablecoin development. The company completed a private financing round of 134 million dollars, acquiring substantial SKY tokens and cash, with additional purchases made through secondary markets. As of March 16, the company held approximately 2.06 billion SKY tokens, valued at approximately 147 million dollars.